Premier Oil is one of the leading UK based oil and gas company. The company has oil and gas exploration, production and development interests in three major regions including Asia (Indonesia and Vietnam) Pakistan and Africa, and North Sea. This report presents a guide for the strategic direction of the company with a special focus upon its high prospects in Asian region. The report presents the strategic objectives of the company for its operation in Asia which encompass the growth, production and financial goals of the company in that region and is aligned with the overall company’s performance. These objectives can only be achieved through the overall underlying efficiency of the company’s internal processes, and its organizational learning and development aspects. Therefore, it is imperative to propose a balanced strategic guideline for the organization to achieve its overall financial and growth aims. This report uses the balance scorecard tool to propose several recommendations. It considers the key performance measures in each of the strategic perspectives namely financial, customer, internal processes and learning and innovation perspective.
Inhaltsverzeichnis (Table of Contents)
- Executive Summary
- Introduction
- The Vision and Strategy of Premier Oil
- Stakeholders Analysis
- Performance Measures
- Analysis of Financial Report
- Balanced Scorecard
- Perspective: Financial
- Perspective: Customer
- Perspective: Internal Business Processes
- Perspective: Innovation & Learning
- Strategy Map
- Critical Evaluation of Balance Scorecard
- Summary of Recommendations
- References
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This report aims to provide strategic direction for Premier Oil, a leading UK-based oil and gas company, with a particular focus on its operations in Asia. The report uses the balanced scorecard tool to assess the company's performance and propose recommendations for achieving its financial and growth goals.
- Strategic Objectives for Asian Operations
- Performance Measurement and Balanced Scorecard
- Stakeholder Analysis
- Financial Performance and Growth Targets
- Organizational Efficiency and Learning
Zusammenfassung der Kapitel (Chapter Summaries)
- Executive Summary: Introduces Premier Oil, its regional operations, and the report's focus on strategic direction in Asia.
- Introduction: Outlines Premier Oil's background, growth in recent years, and the significance of its Asian operations. Highlights the report's purpose in aiding strategic direction and informing decision-making.
- The Vision and Strategy of Premier Oil: Presents Premier Oil's overall strategic vision and specific objectives, emphasizing its growth targets and reliance on Asian performance.
- Stakeholders Analysis: Identifies key stakeholders for Premier Oil, setting the context for the analysis of strategic objectives and performance indicators.
Schlüsselwörter (Keywords)
This report focuses on strategic management in the oil and gas industry, particularly for Premier Oil's operations in Asia. Key concepts include balanced scorecard, performance measurement, stakeholder analysis, financial and growth objectives, organizational efficiency, and learning and development.
- Quote paper
- Adam James (Author), 2010, Premier Oil Strategic Management, Munich, GRIN Verlag, https://www.grin.com/document/267069
